CUMULATIVE TRANSLATION ADJUSTMENT (C.T.A.) ACCOUNT


Meaning of CUMULATIVE TRANSLATION ADJUSTMENT (C.T.A.) ACCOUNT in English

An entry in a translated balance sheet in which gains and/or losses from translation have been accumulated over a period of years. The C.T.A. account is required under the FASB No. 52 rule .

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.